BDO moves into 2 Atlantic Square
BDO LLP has been confirmed as the latest occupier at BAM TCP Atlantic Square Limited’s 2 Atlantic Square, located on York Street in Glasgow’s International Financial Services District.
The lease agreement will see BDO rent half of the building’s fifth floor, amounting to 8,078 sq ft.
BDO becomes the third prestigious occupier in 2 Atlantic Square, following the arrival of independent commercial law firm Burness Paull and engineering and project management consultancy Atkins Limited.
A joint venture between BAM Properties and Taylor Clark Limited, 2 Atlantic Square features 96,650 sq ft of sustainably built office accommodation divided across six floors, as well as 7,000 sq ft of ground floor retail and restaurant space.
The £150 million, Grade A Atlantic Square development totals 300,000 sq ft across three separate buildings. 10-storey 1 Atlantic Square covers 187,000sq ft and was pre-let to the UK Government as part of the HMRC Hubs program, forward funded by Legal & General Investment Management. It will house over 2000 Government employees.
Martin Gill, head of BDO in Scotland said: “It’s fantastic to be announcing our commitment to Glasgow as we continue to invest in our people and the Scottish market. BDO will continue to create jobs in Scotland over the long term. We’re proud to support ambitious, growing businesses across Scotland’s economic engine as our team works hard to help them succeed.
“The way the BDO team blends its digital connectivity and physical space has never been a bigger priority. The space will allow for effective collaboration with each other, clients and colleagues in BDO’s global network.”
Dougie Peters, BAM Properties’ managing director, added: “Market interest in 2 Atlantic Square remains very high and the quality and strategic location of the building has undoubtedly been instrumental in attracting another high-profile client. We are delighted to have secured this agreement with BDO, highlighting the strong continuing demand for Grade A, sustainable commercial office space in Glasgow.”
Atlantic Square was designed by BAM Design and Cooper Cromer Architects, constructed by BAM Construction Scotland and developed by BAM Properties in joint venture with Taylor Clark.
BAM Properties’ Glasgow portfolio includes 110 Queen Street and Clarion as well as the recent Capital Square development in Edinburgh.
Fergus Maclennan of Cushman and Wakefield represented BDO while BAM TCP was represented by CBRE, JLL and Ryden.